London Living Rent (2)

Meeting: 
MQT on 2016-12-14
Session date: 
December 14, 2016
Reference: 
2016/4649
Question By: 
Andrew Boff
Organisation: 
GLA Conservatives
Asked Of: 
The Mayor

Question

How often will rents be reviewed to keep in line with local incomes, and will these revised rents apply to existing tenants as well as new ones?

Answer

Answer for London Living Rent (2)

Answer for London Living Rent (2)

Answered By: 
The Mayor

The GLA will publish updated rent benchmarks for new tenancies on an annual basis. Within tenancies, the rent for LLR homes delivered in partnership with the GLA will be allowed to increase by up to the rate of CPI inflation each year.